Goldman Sachs: Expects Brent crude oil prices to gradually decline to the lower end of the $70 per barrel range later this year

Svmuu News Goldman Sachs: Expects Brent crude oil prices to average above $100 per barrel in March and $85 per barrel in April.
Goldman Sachs: Expects Brent crude oil prices to gradually decline to the lower end of the $70 per barrel range later this year.
Goldman Sachs: Expects that the release of global strategic petroleum reserves will trigger a more forceful policy response, thereby nearly halving the impact on commercial crude oil inventories in the short term.
Goldman Sachs: If the Strait of Hormuz remains disrupted for two months, the forecast for the average Brent crude price in the fourth quarter would be raised from $71 per barrel to $93 per barrel. (Jin10)